Energy StocksI guess WCP isn't the only stock that has been underperforming over the last few days. Take a look at the American energy stocks and you'll notice that they all have been underperforming. Oil is up almost 4% today and has recovered all its losses from last week yet Chevron, Exxon and Conoco are only up 1%, 1% and 0.25%. CPG is actually down today.
I think oil is being set up to go down again once they sign the Iran nuke deal and that's why energy stocks are going nowhere for now.